Is Cooperative Healthcare Services Inc…

Quick charity verification for Cooperative Healthcare Services Inc (EIN: 10594994)

Spending Breakdown

How Cooperative Healthcare Services Inc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Cooperative Healthcare Services Inc

Is Cooperative Healthcare Services Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Cooperative Healthcare Services Inc (EIN: 10594994) shows mixed signals. Mission Score: 40/100. 4 red flags identified, 2 strengths noted.

Is Cooperative Healthcare Services Inc a good charity to donate to?

Cooperative Healthcare Services Inc has a Mission Score of 40/100. Revenue: $85.7M. Assets: $13.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Cooperative Healthcare Services Inc?

The Employer Identification Number (EIN) for Cooperative Healthcare Services Inc is 10594994. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Cooperative Healthcare Services Inc spend its money?

Cooperative Healthcare Services Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Cooperative Healthcare Services Inc's tax-exempt status?

You can verify Cooperative Healthcare Services Inc's tax-exempt status using EIN 10594994 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Cooperative Healthcare Services Inc. exhibits a concerning financial trend, consistently operating at a significant deficit over the past decade. In the latest filing (202304), expenses of $117,121,290 far exceeded revenue of $79,673,246, resulting in a deficit of over $37 million. This pattern is not isolated, as every reported period shows expenses substantially higher than revenue, indicating a reliance on other funding sources or a depletion of reserves. The organization's liabilities have also consistently outpaced its assets, with 202304 showing liabilities of $30,404,495 against assets of $13,928,658, suggesting potential solvency issues.

While the filings indicate 0% officer compensation, which is a positive sign for minimizing administrative overhead in that specific area, the overall financial health is precarious due to the persistent and large operating deficits. The lack of detailed expense breakdowns in the provided data makes it difficult to fully assess spending efficiency across programs, administration, and fundraising. However, the consistent negative net income raises questions about the long-term sustainability and financial management practices of the organization.

Given the consistent and substantial operating deficits, the organization's financial health appears weak. The transparency regarding officer compensation is good, but the overall financial picture suggests a need for a deeper dive into how these deficits are being covered and the long-term viability of its operations. The significant liabilities relative to assets also warrant close scrutiny.

Is Cooperative Healthcare Services Inc Legit?

Verdict: Cooperative Healthcare Services Inc shows mixed signals

Red Flags

Strengths